The losses occurred over an eight-month period ending in April, according to a report from the Treasury Inspector General for Tax Administration.

While most energy-related credits apply to businesses, individual taxpayers can claim a tax credit based on energy-efficient ...

To access Copilot in Outlook, click on the Copilot icon located on the left side of Outlook in the apps bar, as pictured in ...

The IRS announced inflation-adjusted limits on benefits and contributions for various retirement accounts on Friday, including maximum contribution amounts for 401(k) plans and traditional and Roth ...

A study involving 390 students suggests a preference for using ChatGPT as a supplement to traditional resources, such as ...

Cathy Rowe, Senior Vice President and Segment Leader U.S. Professional Market, Wolters Kluwer Tax & Accounting North America, ...

The IRS’s increased enforcement efforts come at a time when claims related to late or missed filings are increasing. A docket system can help avoid these errors, but it can’t do it alone. It needs ...

The IRS did not abuse its discretion in sustaining a taxpayer’s proposed levy for a tax liability the taxpayer had not properly challenged, the Tax Court held.

Compensating student-athletes for their name, image, and likeness does not serve an exempt purpose, the IRS again rules.

A U.S. Government Accountability Office report highlights a need for enforcement equity assessment and better taxpayer communication.

The AICPA had requested that the Financial Crimes Enforcement Network extend reporting deadlines for beneficial ownership information for victims of hurricanes Beryl, Debby, Francine, Helene, and ...

National Taxpayer Advocate Erin Collins discussed the changes in a recent blog post. The changes have been long advocated by the AICPA.